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Balance sheet of NIIT is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of NIIT is increasing.
Latest debt of NIIT is -₹59.16 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹199.36 Crs.
Yes, profit is increasing.
The profit of NIIT is ₹45.71 Crs for TTM, ₹38.36 Crs for Mar 2024 and ₹3.18 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
NIIT latest dividend payout ratio is 44.01% and 3yr average dividend payout ratio is 30.88%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Accounts Receivable